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20121101
20121130
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is president of the dallas fed, an extinguished fellow for the policy analysis, also a cnbc contributor and robert is a cnbc could contributor as well. robert helde robert heller, what happens now? he's going to have big decisions to make when it comes time to reverse this policy if in fact you believe that is going to happen sometime soon. >> they will do everything possible to support his policies. they will continue to buy a humongous amount of debt and fi nan the deficit. >> bob, what about you? i guess it's hard to talk about a reversal of fed policy when you have a day like today and discussions like we're having regarding the fiscal cliff. is it somehow accelerated in the months to come given the risks in the near term. >> i think there's hope that it will come to an end at some point. i doubt that mr. bernanke is going to be around after the first january 2014. i can't imagine that he'd want a new term, although i agree with robert that that probably wouldn't change the course of monetary policy. i think at the very least we've got another year and a month of what we now have. >
. 36 as high as you'll go. nation's midsection, check it out from fargo, 33. 62 in dallas. very breezy in new orleans today. and you can expect it cool and dry through the plains. farther out towards the west, you can see some rain in the valleys. mountains can be expected over the cascades. very dry for you across the four corners. highs mainly in the 40s, fifth and even some 80s across the region. in terms of travel weather, a lot of have you to go out and about today. you have to fly around the country. you can expect some backups. new york and washington, minor delays. they may stack up a bit into the afternoon, so be patient out there. and then boston, seattle, mostly minor. los angeles, no issues to speak of. a little marine layer, but you should be just fine. let's pitch it back to you you. >> did you actually just run out to the set? did we catch you? >> a little bit kind of sort of, but not really. i was really intrigued by last block. we heard a little bit of corduroy the bear and the societal collapse. >> sorry. >> are you kidding me? i was terrified last block the stuff we
spending cuts and revenue increases. in the meantime, dallas fed president richard fisher tells cnbc that the central bank can't do much more to shelter the economy. >> we need to completely reboot tax policy and spending policy. if we have temporary fixes to the fiscal cliff, just push out the envelope of indecision until we have a sense of true direction, and it's time for our politicians to get their act together. >> fisher says he does not view the fed as a safety net. that is certainly a change of perception, one that congress is going to have to figure out pretty quickly along with the rest of washington. >> that it is. there's been a number of interviews this morning that would lead you to the same place. cisco reporting better than expected first quarter earnings in revenues, but the tech giant expects flat earnings and slower revenue growth for the current quarter. john chambers sees europe getting worse before it gets better, but he says there are signs of improvement in the u.s. economy. >> we want to be the one company that both exceeds expectations and doesn't bring down
Search Results 0 to 2 of about 3